Office Listing

Mike Milovick, Broker
|
Jennifer Shingler, Sales Representative

Remarks

$50,000+ scheduled gross annual income available here! Strong money in place with parental guaranteed leases until at least end of August, 2019 (tenants on multi-year lease, early opt out date to end lease in August is December 15). Cash flow positive opportunity with just 20% down. Clean student operation with City approvals in place for a Class D2 rental license (five bedrooms) and Class A3 license (three bedrooms)! Good layout. Main floor shows contemporary - and simply spectacular. Dark laminate throughout. Contemporary white kitchen. Updated luxe four piece bath with tiled shower/glass door. Pot lighting. Lower level unit features generously proportioned bedrooms. Oak kitchen. Newer three piece bath here too. Single detached, garage opportunity for landlord storage or even additional income. Easy walk to both Wilfrid Laurier and University of Waterloo and 50,000+ full time students. Investor work sheet available to show how this opportunity can work for you! Why not invest in one of the perennially top five towns in Ontario today? (id:27)

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit buyers or sellers, landlords or tenants currently under contract.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.